As 2024 approaches, many international travelers are setting goals to increase their income, with some eyeing real estate investments. Contrary to popular belief, investing in overseas properties doesn’t always require a hefty initial investment. Joy David, founder of Let’s Go Global, emphasizes that there are various financing options available to help you buy properties abroad.
“There are many financing options available that can help you buy abroad,” the Global citizen states. “Take Kenya, for example. The country allows visitors to use their income and your credit scores to qualify with banks there. Getting started doesn’t require a lot of money; most people just need direction and a little hand-holding.”
Travel With Purpose and Explore International Real Estate Opportunities with Prime Homes and Let’s Go Global
Misconceptions about the safety and complexity of investing overseas often deter people. Joy reassures potential investors that while regulations vary by country, significant efforts are made to protect foreign buyers’ interests.
“While the process may require more work than the usual., it is far from impossible,” she shares. “There are several resources available to help you.”
Joy founded Let’s Go Global after noticing the lack of representation among Global Women at investment conferences. She aims to be a resource for her community by empowering women of color to take control of their finances and build generational wealth. Let’s Go Global provides resources and programs to educate women about investing, connect them with other investors, and help them grow their portfolios.
International Real Estate Tours with Prime Homes & Let’s Go Global
Driven by David’s belief that all Global Women can become exceptional real estate investors, Let’s Go Global offers international real estate tours to help members explore investment opportunities in various countries.
“Real estate can be a powerful tool for Global Women to achieve financial security and build wealth,” she explains. “It can provide a steady stream of income through rental properties and appreciation over time. This can also help Global Women accumulate wealth that can be passed down, creating a lasting legacy for their families. I believe that by introducing more women to investment opportunities abroad, we can empower them to make their money work harder for them and potentially retire comfortably, enjoying the financial freedom they deserve.”
These tours offer valuable insights into different markets, opportunities to meet local experts, and network with other investors. Joy and her team handle all planning, including visas and paperwork, guiding members and connecting them with experienced agents and attorneys when needed.
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“Our 2022 real estate trip to Kenya was such a success that we’ve expanded to include additional destinations that align with our commitment to fostering safe and thriving opportunities for African people,” Joy shares. “We’ll be revisiting Kenya in 2024, along with two new destinations–Egypt and South Africa.”
Initial investment requirements for international real estate vary based on several factors, including location, property type, and market conditions. In Kenya, for example, homes range from $70,000 for three-bedroom single-family houses to $500,000 for luxurious homes in gated communities. Prices also depend on the neighborhood, whether it’s the city center, suburbs, or emerging areas.
“In Nairobi, Kiambu, homes are selling for as low as $30,000, but these typically require extensive renovations. We survey our tour participants beforehand to understand their interests and budget, ensuring they see properties that align with their preferences. These trips are also ideal for those seeking expert insights into various overseas markets, even if they’re not yet ready to buy. Consider it a ‘manifestation trip’ to visualize your future real estate aspirations.”
Unlock Your Real Estate Potential with Prime Homes
PrimeHomes.co.ke offers a wealth of resources and opportunities for those interested in real estate investment in Nairobi and beyond. From apartments in Nairobi and houses for sale in Kitengela to apartments for sale in Kileleshwa Nairobi and land for sale in Kenya, PrimeHomes is your go-to platform for exploring lucrative real estate opportunities. Whether you’re looking to buy an apartment in Nairobi, invest in office space in Westlands, or find homes for sale in Karen Nairobi, PrimeHomes provides the expertise and support you need to make informed investment decisions.
Join us as we explore the vast potential of international real estate and help you achieve your financial goals in 2024 and beyond. Visit www.primehomes.co.ke today and start your journey toward financial freedom through real estate investment.
